News

New Uranium Drill Program Underway at Helmer Lake

Vancouver, Canada, July 9th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report the commencement of summer drilling on the Company’s 100% owned Helmer Lake Project, located 25 km west of Fond Du Lac and the Fond Du Lac uranium deposit on the northern rim of the Athabasca Basin, Saskatchewan. New Uranium Drill Program Underway at Helmer Lake

CanAlaska Forms New Advisory Board and Appoints New Board Director and V.P. Exploration

Vancouver, British Columbia, Canada — June 28th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — CanAlaska is pleased to announce the formation of a new Advisory Board, the appointment of a new member to its Board of Directors, and a new officer appointment to the Company. As the Company moves forward towards the realization of its CanAlaska Forms New Advisory Board and Appoints New Board Director and V.P. Exploration

CanAlaska Progresses Exploration Venture with Korean Consortium

Vancouver, British Columbia, Canada — June 25th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — Further to the Company’s May 7th, 2007 press release regarding the signing of an Memorandum Of Understanding for uranium exploration of CanAlaska’s Cree East Project in conjunction with a Korean Consortium led by Hanwha Corporation, CanAlaska is pleased to announce further CanAlaska Progresses Exploration Venture with Korean Consortium

CanAlaska and Yellowcake Accelerate Uranium Exploration at Grease River

Vancouver, British Columbia — June 22nd, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — The Company is pleased to report the commencement of detailed airborne surveys on the Grease River uranium exploration project, located adjacent to the northern edge of the Athabasca Basin as well as an accelerated commitment of $1.3 M towards the conduct of CanAlaska and Yellowcake Accelerate Uranium Exploration at Grease River

Harry Barr to step down as Chairman of CanAlaska Uranium Ltd., Barr to Focus Efforts on other International Metals Group Companies

Vancouver, British Columbia — June 13, 2007: CanAlaska Uranium Ltd. (CVV — TSX.V, CVVUF — OTCBB, DH7 — Frankfurt) — Harry Barr and The Board of Directors (the “Board”) of CanAlaska Uranium Ltd. (the “Company”) have announced that effective immediately, Harry Barr has elected to step down as Chairman of the Board of CanAlaska Uranium Harry Barr to step down as Chairman of CanAlaska Uranium Ltd., Barr to Focus Efforts on other International Metals Group Companies

CanAlaska Adopts Shareholders Rights Plan

Vancouver, British Columbia — June 12, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) – The Board of Directors (the “Board”) of CanAlaska Uranium Ltd. (“the Company”) has voted to adopt a shareholder rights plan (the “Rights Plan”). The Rights Plan is being adopted in order to reflect developments in Canada with respect to shareholder rights plans CanAlaska Adopts Shareholders Rights Plan

CanAlaska’s New Saskatchewan Office and Regional Manager

Vancouver, Canada, June 11th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to announce the appointment of Mr. Tom Lewis, P. Eng, as Regional Operations Manager in charge of operations and exploration at CanAlaska’s new regional office in Saskatoon. CanAlaska currently has over 90 staff working on field operations in Alberta, CanAlaska’s New Saskatchewan Office and Regional Manager

Winter Program Intersecting Uranium Zones: Drilling to Continue

Vancouver, Canada, May 29th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report on drill and work progress on three uranium projects in the Athabasca Basin Area. West McArthur project; Mitsubishi Option Drilling has been underway on the West McArthur property since late February, and four drill holes WMA 008-011 Winter Program Intersecting Uranium Zones: Drilling to Continue

CanAlaska to Collaborate with Korean Consortium in Uranium Exploration

Vancouver, Canada, May 7th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company” or “CanAlaska”) is pleased to report that it has executed a Memorandum of Understanding with a group of Korean companies led by Hanwha Corporation (collectively the “Korean Consortium”), to enter into exclusive negotiations regarding investment by the Korean Consortium in the CanAlaska to Collaborate with Korean Consortium in Uranium Exploration

CanAlaska Undertakes Uranium Exploration with Yellowcake plc

Vancouver, Canada, and London, UK, April 16th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (“CanAlaska”) and the UK-based uranium investment company Yellowcake plc (PLUS:YEL) (“Yellowcake”) are pleased to report that they have entered into an agreement to undertake uranium exploration on CanAlaska’s 100%-owned Grease River Project. The Grease River Project is situated along the CanAlaska Undertakes Uranium Exploration with Yellowcake plc

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